Sensata Technologies Holding plc (NYSE:ST) Shares Sold by Twinbeech Capital LP

Twinbeech Capital LP trimmed its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 37.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 190,578 shares of the scientific and technical instruments company's stock after selling 114,425 shares during the period. Twinbeech Capital LP owned approximately 0.13% of Sensata Technologies worth $5,222,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of ST. Norges Bank purchased a new stake in Sensata Technologies in the fourth quarter worth approximately $48,580,000. Invesco Ltd. lifted its holdings in shares of Sensata Technologies by 19.4% during the 4th quarter. Invesco Ltd. now owns 326,180 shares of the scientific and technical instruments company's stock valued at $8,937,000 after buying an additional 53,034 shares during the period. Prudential Financial Inc. boosted its stake in shares of Sensata Technologies by 94.7% in the 4th quarter. Prudential Financial Inc. now owns 213,624 shares of the scientific and technical instruments company's stock worth $5,853,000 after buying an additional 103,897 shares during the last quarter. Kempner Capital Management Inc. grew its holdings in shares of Sensata Technologies by 233.9% in the fourth quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company's stock worth $5,728,000 after acquiring an additional 146,449 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Sensata Technologies by 1.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,060,537 shares of the scientific and technical instruments company's stock worth $29,059,000 after acquiring an additional 19,233 shares during the period. Institutional investors own 99.42% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on ST shares. JPMorgan Chase & Co. dropped their target price on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a research report on Thursday, April 17th. Oppenheimer dropped their price objective on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a report on Thursday, February 13th. Wells Fargo & Company increased their price target on shares of Sensata Technologies from $23.00 to $26.00 and gave the stock an "equal weight" rating in a research report on Monday, May 19th. UBS Group cut their price objective on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. Finally, The Goldman Sachs Group increased their price objective on shares of Sensata Technologies from $27.00 to $30.00 and gave the company a "buy" rating in a report on Friday, May 9th. One research analyst has rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $34.08.

Sensata Technologies Stock Down 1.2%

Shares of Sensata Technologies stock traded down $0.31 during trading on Monday, hitting $25.23. 1,908,088 shares of the stock traded hands, compared to its average volume of 1,709,864. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. The stock's fifty day simple moving average is $23.04 and its 200 day simple moving average is $26.90. The firm has a market cap of $3.69 billion, a P/E ratio of 30.03, a price-to-earnings-growth ratio of 1.25 and a beta of 1.02. Sensata Technologies Holding plc has a 52-week low of $17.32 and a 52-week high of $42.60.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.06. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. The business had revenue of $911.26 million for the quarter, compared to the consensus estimate of $878.39 million. During the same quarter last year, the firm posted $0.89 EPS. The company's revenue for the quarter was down 9.5% on a year-over-year basis. On average, equities analysts predict that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.90%. Sensata Technologies's dividend payout ratio is presently 59.26%.

Sensata Technologies Company Profile

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.